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FILE PHOTO: Gold bangles are displayed at a jewellery store in Mumbai, India. | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw a decrease in all key cities today, April 17, excepting in Chennai and Hyderabad. The price for 8 grams of 24-carat gold also dropped in all cities compared with the previous session….

The Indian government has ‌permitted 15 ​top ⁠banks, including the ‌State Bank ‌of ‌India, ⁠HDFC ⁠Bank, Bank of ​India ‌and others to import ‌gold ​and silver from April ⁠1, 2026 ‌to March 31, 2029, ‌a government notification ​said on ⁠Friday. This is a developing story. Published on April 17, 2026

Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States. The report noted that the earlier rally in gold demand, particularly from retail investors, has…

Gold demand in India ​was modest this week, as high domestic prices weighed ⁠on retail purchases ahead of the key Akshaya Tritiya festival weekend, while premiums in China held steady. Dealers quoted discounts of up to $4 an ounce and ‌though some quoted premiums of $14 an ounce over official domestic prices this week helped…

Indian banks have halted gold and silver import orders from ‌overseas suppliers, with tonne of the metals stuck at customs as a formal ​government order has not been issued authorising bullion imports, trade sources said. Without ⁠fresh imports, India could face supply shortages, as the world’s second-largest gold consumer and biggest silver buyer relies on…

While gold is considered an inflation hedge, higher interest rates crimp demand for the non-yielding asset. Gold held largely steady on ​Friday and was on track for a fourth straight ⁠weekly gain, as hopes for a US-Iran peace deal eased fears of higher inflation and elevated interest rates. Spot gold rose 0.2 per cent to…